Despite the expanding building developments that are taking place in London, this has still not created a surplus in office space as London has attracted an enormous amount of new business that is eager to grab the innovative space that is being supplied to the city.   As a result of this, office leasing prices in some of the prime areas in London are set to rise quite considerably due to the everlasting high demand for London office’s.

The city of London has taken a backwards step according to the 2011 European Regional Economic Growth Index, with the capital now ranking second best Real Estate Investment city in Europe overtaken by the Russian capital Moscow.

Morgan Pryce love Shoreditch and we’re not alone as available offices sink to their lowest level for 3 years. The market has shifted recently to being a value for money hidden gem to one controlled by landlords edging rents ever upwards. More than ever Morgan Pryce’s strong negotiation and expert eye is needed to ensure firstly a building can be found and secondly that it can be secured on affordable terms. We have moved several companies into shared office arrangements recently simply for budget reasons.

Morgan Pryce are delighted to announce that one of London’s leading office agents has joined it’s central London Team.David Perrins of Morgan Pryce commented that “to acquire a talent such as Jon is a real privilege. Jon is a real dealmaker and has consistently worked on 40-50 transactions a year.

The government has made an announcement about the entrepreneurial innovation cluster called “Tech City”, following David Cameron’s speech in East London in November last year, which will be a technology hub, based in the heart of London’s East End. According to recent statistics, in 2008, there were 15 high-tech companies within close proximity of London’s Silicon Roundabout, by 2011 approximately 200 high-tech firms are now occupying the area, signifying a rapid increase in interest and economic growth. Here at Morgan Pryce we have taken a keen interest in the General Assem

David Perrins, Director of Morgan Pryce is delighted to announce that Chantelle Lewis has joined it’s expanding serviced office team. She will be working alongside Sean Dooley and the rest of the team.

Known to many as the most expensive property on the Monopoly game board, Mayfair boasts many luxurious shops, hotels and restaurants. Over the years these features have attracted many international organisations including real estate businesses, foreign embassies and private banks. Mayfair brands itself as ‘London’s most exclusive district’ and the array of shopping boutiques, lavish hotels and fine-dining establishments certainly backs this claim.

The world’s leading business and financial centre is always an appealing place to rent office space. The City is ranked as the leading centre for global finance with over 500 banks having offices in the area. It is also the home to The London Stock Exchange as well as Lloyd’s of London, the Bank of England and many other global headquarters (including Unilever, Prudential and Aviva).

Midtown of Manhattan, New York? No, Midtown of Holborn, St Giles and Bloomsbury, London. Even a born-and-bred Londoner is unlikely to know of Midtown but the recent rebranding revolution of the area between The City and the West End is making a name for itself. Having been labelled ‘boring’ and a ‘transport corridor’ between London’s two major business hubs, a campaign named ‘inmidtown’ has sought to create a new Business Improvement District (BID) to attract more tourists and businesses to the area.

One of London’s ‘leafiest’ suburbs, Knightsbridge lives up to its reputation of combining exclusive residential properties for London’s social elite with quality office space for leading global firms. This has resulted in phenomenal property prices and it’s astonishing to see what people will pay to be in the heart of this chic and fashionable area – the most well known example being Rinat Akhmetov (Ukraine’s wealthiest man) forking out a staggering £136.6 million for a three storey penthouse in the recently finished One Hyde Park.